Pepeto (PEPETO) has secured over $7.2 million in presale funding, targeting a $10 million cap before its planned debut on major exchanges.The project, reportedly developed by a PEPE co-founder, differentiates itself from pure speculative assets by offering working DeFi infrastructure, including a swap and cross-chain bridge.Operational demo versions of PepetoSwap and the Pepeto Bridge are already live, with a confirmed Binance listing scheduled following the presale conclusion.The memecoin market is witnessing a shift toward utility-driven assets as Pepeto (PEPETO), an Ethereum-based project, surpasses the $7.2 million milestone in its ongoing presale. Emerging during a period of market volatility, the project seeks to capitalize on the branding success of its predecessor, PEPE, while integrating a suite of decentralized finance (DeFi) tools designed to solve liquidity and interoperability issues within the meme economy.Unlike traditional memecoins that rely almost exclusively on social sentiment, Pepeto has launched with working demo products. The ecosystem includes PepetoSwap, a zero-fee decentralized exchange (DEX), and the Pepeto Bridge, which facilitates cross-chain transfers between fragmented networks. According to the development team, these tools are intended to act as the “infrastructure layer” for a meme economy that has historically struggled with high transaction costs and security risks like rug pulls.The project’s connection to an original PEPE co-founder has served as a significant catalyst for investor interest. This stakeholder reportedly left the original PEPE team to build an evolved model that combines viral culture with sustainable revenue engines. To ensure investor confidence, Pepeto’s smart contracts have undergone dual security audits by SolidProof and Coinsult, a move aimed at distancing the project from the “vaporware” reputation of many micro-cap launches.”Pepeto was built as infrastructure for a meme economy worth billions but scattered across dozens of chains,” a Pepeto team representative stated. “Working demos are live. Full launch is imminent.”
Currently, PEPETO is available at a presale rate of $0.000000185, with approximately 70% of the allocation already filled. The project has also introduced a staking framework offering yields as high as 212% APY to incentivize long-term holding. As the presale nears its $10 million hard cap, the team has confirmed that preparations for Binance onboarding are underway, marking the transition from private allocation to open market price discovery.
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